JP Morgan Initiates Coverage of Graham at Overweight
Fintel reports that on October 2, 2026, JP Morgan initiated coverage of Graham (NYSE:GHM) (DB:781) with a Overweight recommendation.
On the day of the coverage initiation, October 2, 2026, the latest close for Graham was $91.30. This follows a pre-action close of $86.90 on October 1, 2026. Looking at recent performance, the stock experienced a price change of +4.69% over one week, relative to a baseline close of $87.21 on September 25, 2026. Over a one-month period, the price change was +9.71% from a baseline close of $83.22 on September 2, 2026.
Separately from JP Morgan's individual rating, the broader consensus target data for Graham shows a current consensus target mean of $133.36 and a median of $132.60 as of September 15, 2026. This mean target represents an implied change of +46.07% from the stock's valuation. The prior consensus target mean was also $133.36 as of August 28, 2026, representing a consensus target revision of 0.00%. In terms of aggregate analyst recommendations, the current recommendation period as of September 1, 2026, includes 2 strong buy, 5 buy, 2 hold, 0 sell, and 0 strong sell ratings, totaling 9 recommendations. This breakdown reflects 77.8% positive, 22.2% hold, and 0.0% negative recommendations. These figures are unchanged from the prior recommendation period as of August 1, 2026, which also recorded 2 strong buy, 5 buy, 2 hold, 0 sell, and 0 strong sell ratings, representing 77.8% positive, 22.2% hold, and 0.0% negative recommendations out of 9 total.
Graham last reported earnings on August 6, 2026. The company posted an actual EPS of 0.49, compared to an estimate of 0.3661, which represents an EPS surprise of +33.84%. Actual revenue for the quarter was $71,342,000.00, exceeding the estimated revenue of $66,260,040.00.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| October 2, 2026 | JP Morgan | Overweight | initiated coverage |
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This story originally appeared on Fintel.